New Delhi: People queued up at petrol stations and domestic LPG outlets amid panic buying across the country over a perceived paucity of fuel, even as the government told Parliament on Thursday that there was no shortage of petrol, diesel and kerosene due to the West Asia crisis and it was not the time for…
MS Shanker For decades, cricket in India was famously described as a religion. The metaphor captured the passion of millions who worshipped their heroes and filled stadiums with chants and tricolours. But in today’s India, the game has quietly evolved into something even bigger — an economic powerhouse. A fascinating insight shared in a WhatsApp…
Mumbai: Benchmark indices Sensex and Nifty drifted lower in early trade on Wednesday after a day’s breather amid the ongoing tensions in West Asia and sustained foreign fund outflows. Selling in blue-chip bank stocks also dragged the markets lower. The 30-share BSE Sensex dropped 96.12 points to 78,109.86 in early trade. The 50-share NSE Nifty…
Washington: President Donald Trump on Tuesday said Indian energy giant Reliance Industries was backing a deal to build the first new major oil refinery in the United States in half a century. Trump made the announcement via his Truth Social platform, saying the company America First Refining would construct the new facility at the Port…
Moscow: Russian President Vladimir Putin on Tuesday called for a swift de-escalation in West Asia in a call with his Iranian counterpart Masoud Pezeshkian, the Kremlin said. The call came as the US, Israel, and Iran maintain a cycle of retaliatory strikes, including on neighbouring Gulf nations. “The Russian President reaffirmed his principled position in…
New Delhi: Commerce and Industry Minister Piyush Goyal on Tuesday said the government is looking to extend help to exporters on the insurance front to help them deal with the ongoing West Asia crisis. He said an inter-ministerial group is keeping tabs on developments on a daily basis and is interacting with exporters. The Customs…
Mumbai: Equity benchmark indices Sensex and Nifty bounced back sharply in early trade on Tuesday after two days of massive decline, following a drop in crude oil prices and recovery in global markets amid hopes that the conflict in West Asia could conclude soon. The 30-share BSE Sensex rebounded 809.57 points to 78,375.73 in opening…
In the fast-evolving landscape of Indian personal finance, a popular strategy promoted across social media promises seemingly effortless wealth creation: borrow against residential property at 8-10% interest, deploy the proceeds into equity mutual funds expecting 12-15% long-term returns, and use Systematic Withdrawal Plans (SWPs) to service the loan while the house appreciates independently. On Excel…
New Delhi: Petrol and diesel prices will not be increased for now despite international crude oil rates crossing USD 100 per barrel, government sources said on Monday, even as authorities stepped up efforts to maintain uninterrupted fuel supply lines across the country. As the conflict in West Asia entered the tenth day, world markets plummeted,…
Mumbai: Stock market benchmark indices Sensex and Nifty tumbled nearly 3 per cent in early trade on Monday as boiling crude oil prices and bearish trend in global equities weighed heavily on investors’ sentiment. Besides, relentless foreign fund outflows also made investors jittery. The 30-share BSE Sensex crashed 2,345.89 points or 2.97 per cent to…
